Rare development opportunity in Lake Worth Beach. 0.91 acre multifamily development site with an approved site plan for a 10-unit, 2-story multifamily residential project. The property is zoned RM (Medium Density Multifamily) with Future Land Use MR-5 and allows a variety of residential development strategies. Approved plans include 10 residential units, 23 parking spaces, recreation area, and site infrastructure already designed, significantly reducing entitlement timeline and development risk. This project offers multiple potential exit strategies for developers and investors, including building the approved 10-unit multifamily rental project, redesigning into townhomes for individual sale, or exploring alternative residential configurations within the existing zoning.
Listing Provided Courtesy of Partnership Realty Inc. at 561-355-0270
Property Details
Price:
$650,000
MLS #:
R11137083
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Unimproved Land
Neighborhood:
5700
Listed Date:
Jan 30, 2026
Lot Size:
39,795 sqft / 0.91 acres (approx)
See this Listing
Schools
Elementary School:
Diamond View
Middle School:
Tradewinds
High School:
Lake Worth
Interior
Exterior
Direction Faces
South
Lot Features
Cleared
Financial
Tax Year
2025
Taxes
$3,890
Map
Community
- Address4160 42nd Avenue S Lake Worth FL
- SubdivisionN/A
- CityLake Worth
- CountyPalm Beach
- Zip Code33463
Subdivisions in Lake Worth
- Andalucia PUD
- Andalucia PUD 1
- Arbor Glen
- Arbor Glen 01
- Ashley Villas
- Balmoral Cntry Club Lacun
- Balmoral Country Club Lac
- BELLAGGIO
- Biltmore Terrace
- Boynton Estates
- Boynton Estates 2
- CARLISLE AT POINCIANA CON
- Charleston Shores
- CLARKE GARDENS
- COLONY RESERVE
- Colony Reserve/Lk Worth
- CONCEPT HOMES OF LAN
- COUNTRYSIDE TOWNHOME 3
- COURTNEY PARK
- Covered Bridge
- CYPRESS WOODS 2, SUMMER C
- EMERALD LAKE TOWNHOMES
- FAIRFIELDS LACUNA 3
- FAIRFIELDS LACUNA 6
- FAIRWAY CLUB CONDO
- Fields at Gulfstream Polo
- Fountains
- Fountains at Palm Beach
- FOUNTAINS OF PALM BEACH
- Fountains Palm Beach Cond
- fountains south 2
- Gramercy at Poincianna
- Greenbrier 02
- Gulfstream Preserve
- HEATHWOOD RESERVE
- HEATHWOOD RESERVE PUD
- Hypoluxo Village 01 Unrec
- Island Club
- Kenwood
- LAKE CHARLESTON
- Lake Charleston 01 Tr L
- Lake Charleston 03 Tr I
- LAKE CHARLESTON TR L 1
- LAKE CHARLESTON TR L PL 2
- LAKE CLARKE GARDENS
- LAKE CLARKE GARDENS CONDO
- Lake Shore Villas
- Lake Worth Town
- Lakes Sherbrooke Ph 07
- LAKESHORE AT THE FOUNTAIN
- Lakeview Estates
- Lanair Park
- Lantana Farms PUD
- Lantana Homes 09
- Lantana Pines 02
- Lantern Key
- LEES CROSSING
- Lees Crossings
- Legend Lake Estates
- Lucerne Greens
- LUCERNE LAKES GOLF COLONY
- Lucerne Lakes Homes Vill
- LUCERNE LAKES HOMES VILLA
- Lucerne Pointe
- LUCERNE POINTE ONE,TWO,TH
- Lucerne Pointe Ph 01-04 &
- LYNNWOOD HOMESITES
- MARINER IV CONDO
- NORTHTREE PL 2
- Palm Beach Farms Co 03
- Pineaire Harbor Villas Co
- POINCIANA PLACE PH II-A
- POLO LEGACY MXPD
- Regency Lake Estates
- SAN CASTLE 1ST AND 2ND AD
- Savannah Estates
- Seminole Manor 02
- SEMINOLE MANOR PL 1
- SMITH DAIRY WEST PUD 1
- Smithbrooke
- South Palm Park
- ST ANDREW AT BOYNTON BEAC
- St Andrews At Boynton Bea
- St Andrews Boynton Beach
- Strawberry Lakes 02
- Sunny Hills Homesites Amd
- the country
- The Fields at Gulfstream
- The Islands at Lake Charleston
- Thoroughbred Lake Estates
- Toscana Isles PUD III
- TOSCANA ISLES PUD PL
- TOWN COMMONS
- Towne Park Plt 02
- Valencia Shores 03
- Valencia Shores 04
- Valencia Shores Plt 01
- Villages Windsor 03
- Villages Windsor 04
- Villages Windsor Plt 01
- Villages/Windsor 04
- VISTA LAGO
- Willoughby Farms
- WILLOW BEND
- Winston Trails Prcl 01
- Winston Trails Prcl 07
- Wycliffe Tr I Repl
Market Summary
Current real estate data for Single Family in Lake Worth as of Jun 04, 2026
449
Single Family Listed
87
Avg DOM
317
Avg $ / SqFt
$821,275
Avg List Price
Property Summary
- Located in the N/A subdivision, 4160 42nd Avenue S Lake Worth FL is a Single Family for sale in Lake Worth, FL, 33463. It is listed for $650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Lake Worth is $317. The average listing price for Single Family in Lake Worth is $821,275.
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